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Author Topic: Brunswick is getting out of the Bowling business  (Read 22118 times)

milorafferty

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Brunswick is getting out of the Bowling business
« on: July 17, 2014, 04:40:45 PM »
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batbowler

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Re: Brunswick is getting out of the Bowling business
« Reply #46 on: July 18, 2014, 06:17:15 PM »
I was told they are being sold and there is a buyer for the bowling products side of the business!
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JustRico

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Re: Brunswick is getting out of the Bowling business
« Reply #47 on: July 18, 2014, 06:33:35 PM »
Of course you were
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northface28

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Re: Brunswick is getting out of the Bowling business
« Reply #48 on: July 18, 2014, 07:55:39 PM »
I was told they are being sold and there is a buyer for the bowling products side of the business!

Id refrain from speculating unless you have hard evidence, in the other thread you stated that Brunswick "bailed out" Radical until newguy had to come and correct you.
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JustRico

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Re: Brunswick is getting out of the Bowling business
« Reply #49 on: July 18, 2014, 07:58:31 PM »
They are publicly traded that would be considered insider trading as well
Co-author of Head Games ~ the MENTAL approach to bowling (and sports) available NOW!
Be prepared for the next (r)EVOLUTION...(r)eVolve the NEXT phase of BOWLING...CREATING BETTER BOWLERS BY CREATING SMARTER BOWLERS...
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12XSECH

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Re: Brunswick is getting out of the Bowling business
« Reply #50 on: July 18, 2014, 09:24:13 PM »
Brunswickis out of the bowling business...centers ....balls...everything

batbowler

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Re: Brunswick is getting out of the Bowling business
« Reply #51 on: July 18, 2014, 11:56:52 PM »
Brunswick Corporation

Announced agreement to sell its retail bowling centers to Bowlmor AMF for $270 million. Anticipate completing transaction in approximately 90 days

Decision to exit the bowling products business - - sales process has commenced, with target completion by year-end

Anticipate net proceeds from both divestitures and associated actions to approximate $270 million to $290 million

Billiards business to remain part of Company

Certain restated financial information attached to today’s news release
4 July 2014
Summary of Bowling & Billiards Segment Announcement
Bruce Campbell
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Mongo

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Re: Brunswick is getting out of the Bowling business
« Reply #52 on: July 19, 2014, 06:25:42 AM »
Wonder about the products division?  Go to the source.

Quote from: Mo Pinel
The information I've been told is to continue business as usual. Don't cut back on R & D or product development. We had a great 1st half of the year. The bowling division is just for sale and they have some suitors. Our brand, Radical, is a positive part of the consumer products dividion of Brunswick.

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JustRico

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Re: Brunswick is getting out of the Bowling business
« Reply #53 on: July 19, 2014, 06:26:47 AM »
That says NOTHING about a buyer being in place
Co-author of Head Games ~ the MENTAL approach to bowling (and sports) available NOW!
Be prepared for the next (r)EVOLUTION...(r)eVolve the NEXT phase of BOWLING...CREATING BETTER BOWLERS BY CREATING SMARTER BOWLERS...
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Mongo

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Re: Brunswick is getting out of the Bowling business
« Reply #54 on: July 19, 2014, 06:30:53 AM »
Overall, this is just a bump in the road.  I'm more concerned about the products side than I am the 85 Brunswick centers.

Brunswick/DV8/Radical is as good as anything out there.  Despite Storm's constant PR campaign, they have some real competition.  I just hope someone purchases the products division and keeps the same R&D group.  I would hate to see the momentum they've built over the last 3-4 years get flushed down the toilet.
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nocarey

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Re: Brunswick is getting out of the Bowling business
« Reply #55 on: July 19, 2014, 08:03:04 AM »

Steven

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Re: Brunswick is getting out of the Bowling business
« Reply #56 on: July 19, 2014, 08:28:46 AM »
more spin. . .
http://youtu.be/CfJAeXdMUWc

I don't know. I've been through a few major corporate buyout/restructures during my career, and that kind of communication to affected employees is usually welcome, especially when it comes so early in the process.
 
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St. Croix

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Re: Brunswick is getting out of the Bowling business
« Reply #57 on: July 19, 2014, 08:44:44 AM »
more spin. . .
http://youtube/CfJAeXdMUWc

Thanks for the link.

Brunswick Fair Lawn Lanes is a very well run establishment which has been part of the community for 40 + years. You will find courteous staff, a clean environment, and good equipment including overhead monitors that are actually easy to operate. The management has provided a nice mix of "entertainment" and league bowling for the "serious" bowler. There is "cosmic bowling" on weekends and on most summer nights together with an arcade area.

This house ain't broke, so it does not need a fix. Mr. Shannon can best serve the staff at Brunswick Fair Lawn Lanes and the public by leaving the establishment alone.
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nocarey

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Re: Brunswick is getting out of the Bowling business
« Reply #58 on: July 19, 2014, 09:45:58 AM »
I know AMF has been gutted in the Midwest the past 15 years.  I just hope they decide to take bowling seriuosly.  It's not an arcade game.  Peoples lives depend on it.

Mongo

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Re: Brunswick is getting out of the Bowling business
« Reply #59 on: July 19, 2014, 11:44:20 AM »
Says that they're going to keep the Brunswick name and run them separately. 

Possibly run Brunswick as the competitive side and AMF as cosmic land? 
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charlest

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Re: Brunswick is getting out of the Bowling business
« Reply #60 on: July 19, 2014, 03:15:53 PM »
more spin. . .
http://youtube/CfJAeXdMUWc

Thanks for the link.

Brunswick Fair Lawn Lanes is a very well run establishment which has been part of the community for 40 + years. You will find courteous staff, a clean environment, and good equipment including overhead monitors that are actually easy to operate. The management has provided a nice mix of "entertainment" and league bowling for the "serious" bowler. There is "cosmic bowling" on weekends and on most summer nights together with an arcade area.

This house ain't broke, so it does not need a fix. Mr. Shannon can best serve the staff at Brunswick Fair Lawn Lanes and the public by leaving the establishment alone.

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